Through its product MixBANK, Dubset enables seamless clearance and distribution of tracks and remixes inside DJ Mixes on popular streaming services.
With a technology that allows him to identify the music extracts used in remixes posted by DJs on his platform, the American company Dubset Media has made the legal distribution of mix and remix music possible at scale, announced today the closing of its $4 million Series A funding round.
Cue Ball's leadership in this investment round and strong participation from the music and venture capital community validates our approach and strong belief that artists deserve to be fairly compensated for the use of their content. DJs are the ultimate curators and hundreds of millions of music fans all over the world are hungry for their mixes and remixes.
We look forward to being able to make this amazing content available at scale. Our investors are a diverse group that shares our belief that the music fans who love mix and remix content are a massively underserved audience who will benefit immensely from our work at Dubset.
- Dubset Media CEO, Stephen White
Dubset's MixBANK technology platform solves the complex problem of identifying musical recordings used in mixes and remixes, determining the appropriate rights holders (a DJ mix could have as many as 100 different rights holders), and simultaneously clearing the mix or remix across all rights holders. Dubset enables record labels and music publishers to set permissions for access via a simple rules-based system which enables catalogs to be efficiently monetized and precludes the need to conduct time consuming searches and initiate claims.
Until now, the technology did not exist to make DJ mixes available across music services for legal streaming. This company can finally revolutionize distribution rights and generate new revenues for electronic music artists, who currently can rely only on revenue from their gigs in club and festivals or through the merchandising.
